Reinsurance
Scor and Allianz close World Trade Centre dispute
The dispute between two insurance giants over WTC payments is over, Scor says.
Ace Tempest Re appoints structured reinsurance specialist
Ace Tempest Re Europe has announced the appointment of ex-Aspen senior underwriter David Mann in the newly created role of senior underwriter for structured risks.
Spain fines (re)insurers for price-fixing
Spanish regulators have fined six European (re)insurance companies a total of €120.7m ($180m) for fixing prices on building-defect coverage during the Spanish housing boom.
Inflation may pose ‘real problem’ for reinsurers – Swiss Re
Swiss Re exec claims reinsurers will face higher claims costs in the next few years if “rampant” inflation erodes reserves and rates for coverage fail to keep pace.
Buffett calls end of financial turmoil
Berkshire Hathaway’s Warren Buffett has declared an end to the global financial crisis, although leading economies continue to struggle.
Paris Re falls to third quarter loss
Switzerland-domiciled (re)insurer's third quarter stumbles to three-month loss
LIU expands red24 contract
Liberty Mutual says that it will expand its contract with red24 to add kidnap and ransom to list.
Swiss Re enters life reinsurance deal
Swiss reinsurer enters deal with US life reinsurer Reassure America Life.
Fitch happier about reinsurance sector
Ratings agency turns upbeat about reinsurance sector
Equitas wins legal battle over Lloyd's claims
Randall & Quilter to consider next step
GIC Re to set up nat cat pool
General Insurance Corporation (GIC Re), the Indian state-owned national reinsurance company, is in the process of setting up a natural catastrophe pool for insurance and reinsurance companies in Africa and Asia
Tropical Cyclone Phyan hits off coast of Mumbai
Tropical Cyclone Phyan hits India’s western coast near the commercial capital, Mumbai, prompting evacuations and storm warnings.
Arig reports nine month profit turnaround
Arig's results for the first nine months improve markedly.
Scor to pull funding from Lloyd's syndicate
Scor's CUO of global P&C has told Reinsurance that from 2010 it will cease supporting one of its current 9 Lloyd's syndicates
JLT claims it is on track to meet 2009 expectations
CEO Dominic Burke hails strategy of "balanced growth"
Novae delivers upbeat statement
Lloyd's (re)insurer tells the market that gross written premiums rose by 15% in the first nine months of 2009.
US financial reform bill proposed
A new financial services regulatory reform bill has been proposed in Congress.
Ida lands in the Gulf of Mexico
Tropical storm Ida lands in the USA, but no major damage is reported.
Transatlantic Re outlook upgraded by AM Best
Ratings agency AM Best happier on the prospects for US reinsurer
Argo adds two senior executives
Argo, the Bermudian (re)insurer, said that it has appointed two senior staff to its team.
Canopius appoints senior underwriter
Canopius adds Derek Hansen to team.
Casualty must transform
Simon Bird examines the issues facing casualty treaty reinsurers in 2010.
The face of Latin American insurance
Katherine Blackler talks to Franklin Santarelli, senior director (Latin America), Fitch Ratings about the state of Latin America’s (re)insurance markets.
Scor opens new London office
Scor, the French reinsurer, is opening a new London office at 10 Lime Street